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Small Business Growth: Searching for Stylized Facts

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  • Brian Headd
  • Bruce Kirchhoff

Abstract

Using special tabulations from the U.S. Census Bureau, we use aggregate data to follow a cohort of firms over 10 years from their formation and the universe of existing firms to track their growth/decline in employment. We created a table to show the employment change categories for a cohort of new single establishment firms drawn from the 1992 universe of single establishment firms from 1992 to 2002. We also created tables to show the employment change categories for the universe of single establishment firms in the cohort defining declining and growing firms as separate sub-cohorts. Some industry detail is also described. We offer propositions related to firm growth and use data contained in the tables to seek verification.

Suggested Citation

  • Brian Headd & Bruce Kirchhoff, 2007. "Small Business Growth: Searching for Stylized Facts," The Office of Advocacy Small Business Working Papers 07bhbk, U.S. Small Business Administration, Office of Advocacy.
    • Handle: RePEc:sba:wpaper:07bhbk
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    File URL: http://www.sba.gov/advo/research/rs311tot.pdf
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